SAFT icon

Safety Insurance

73.94 USD
-1.02
1.36%
At close Updated Sep 12, 4:00 PM EDT
1 day
-1.36%
5 days
1.26%
1 month
0.8%
3 months
-7.77%
6 months
-2.94%
Year to date
-10.41%
1 year
-9.46%
5 years
4.18%
10 years
37.23%
 

About: Safety Insurance Group Inc is a provider of private passenger automobile, commercial automobile, and homeowners insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.

Employees: 551

0
Funds holding %
of 7,462 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

9% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 66

1% more capital invested

Capital invested by funds: $972M [Q1] → $977M (+$5.13M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0.4% less ownership

Funds ownership: 83.01% [Q1] → 82.62% (-0.4%) [Q2]

5% less funds holding

Funds holding: 200 [Q1] → 191 (-9) [Q2]

27% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 26

Financial journalist opinion

Positive
Seeking Alpha
1 month ago
Safety Insurance Group: Profitability Increases Fast
Safety Insurance Group's combined ratio has improved, dropping below 100%, signaling better underwriting performance and a positive impact on profitability. The company's strong net profit is mainly driven by investment income, with Q2 EPS at $1.95 and H1 EPS at $3.44, easily covering dividends. Safety Insurance maintains a robust balance sheet with minimal debt and a tangible book value per share of $57, but exposure to mortgage-backed securities is a risk.
Safety Insurance Group: Profitability Increases Fast
Neutral
Business Wire
1 month ago
Safety Insurance Group, Inc. Announces Second Quarter 2025 Results and Raises Third Quarter 2025 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported second quarter 2025 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “For the quarter ended June 30, 2025, our combined ratio improved to 98.1% compared to 99.9% in the same period in the prior year. The 2024 results included the favorable impact of the Massachusetts Property Insurance Underwriting Association restructurin.
Safety Insurance Group, Inc. Announces Second Quarter 2025 Results and Raises Third Quarter 2025 Dividend
Neutral
Business Wire
4 months ago
Safety Insurance Group, Inc. Announces First Quarter 2025 Results and Declares Second Quarter 2025 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company” or “Safety”) today reported first quarter 2025 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “Safety's first quarter combined ratio in 2025 improved to 99.4% compared to 101.9% in the first quarter of 2024. The year-over-year change reflects the impact of our prior year growth in direct written premiums earning into top-line results and improvemen.
Safety Insurance Group, Inc. Announces First Quarter 2025 Results and Declares Second Quarter 2025 Dividend
Neutral
Business Wire
6 months ago
Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2024 Results
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and year ended 2024 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “For the year ended December 31, 2024, Safety Insurance continued to achieve significant direct written premium growth, which increased 20.4% over the prior year, driving our top-line revenue above $1 billion dollars for the first time in t.
Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2024 Results
Neutral
Business Wire
6 months ago
Safety Insurance Declares First Quarter 2025 Dividend and Timing of Year-End 2024 Results
BOSTON--(BUSINESS WIRE)--The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 14, 2025 to shareholders of record at the close of business on March 3, 2025. Safety plans to announce its fourth quarter and year-end 2024 results on February 25, 2025, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than Februar.
Safety Insurance Declares First Quarter 2025 Dividend and Timing of Year-End 2024 Results
Neutral
Business Wire
10 months ago
Safety Insurance Group, Inc. Announces Third Quarter 2024 Results and Declares Fourth Quarter 2024 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported third quarter 2024 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “The direct written premium growth that Safety has experienced is impacting our top-line revenue, which increased by 21.9% for the nine months ended September 30, 2024 over the prior year. We continue to see increased policy counts and premium rate actions.
Safety Insurance Group, Inc. Announces Third Quarter 2024 Results and Declares Fourth Quarter 2024 Dividend
Neutral
Business Wire
1 year ago
Safety Insurance Group, Inc. Announces Second Quarter 2024 Results and Declares Third Quarter 2024 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported second quarter 2024 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “We are seeing the financial impact of both ongoing rate increases and growth in policy counts with net earned premium increasing by 22.1% for the second quarter of 2024 compared to 2023. However, the growth in policy counts combined with ongoing inflatio.
Safety Insurance Group, Inc. Announces Second Quarter 2024 Results and Declares Third Quarter 2024 Dividend
Neutral
Business Wire
1 year ago
Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2023 Results
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and year ended 2023 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “2023 saw Safety Insurance post record top-line growth as Direct Written Premiums increased by 20.4% as a result of a 10.2% increase in overall policy counts and a 10.9% increase in average premium per policy, blended across all lines of bu.
Safety Insurance Group, Inc. Announces Fourth Quarter and Year Ended 2023 Results
Neutral
Business Wire
1 year ago
Safety Insurance Declares First Quarter 2024 Dividend and Timing of Year-End 2023 Results
BOSTON--(BUSINESS WIRE)--The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024. Safety plans to announce its fourth quarter and year-end 2023 results on February 27, 2024, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than Februar.
Safety Insurance Declares First Quarter 2024 Dividend and Timing of Year-End 2023 Results
Positive
InvestorPlace
1 year ago
Stability Seekers: 7 Low-Volatility Stocks for Uncertain Times
At first blush, focusing on low-volatility stocks may appear an overly pessimistic strategy. After all, the benchmark S&P 500 gained almost 8% in the trailing month.
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